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WASHINGTON — Democratic lawmakers on Thursday praised workers at a New Mexico branch of Wells Fargo for beautifying the first branch of the nation’s fourth-largest bank to unionize.
“Your success brings the fight for the Dignity of Work undeviatingly to Wall Street’s front door,” said Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee.
“I look pert to watching your movement grow from branch to branch across the country,” Brown said in his statement.
Working men at the bank’s Albuquerque branch voted 5 to 3 on Wednesday to unionize under the Communications Workers of America’s Wells Fargo Employees United.
The vote made Wells Fargo the first major U.S. lender with a unionized workforce.
“This is the opening union at a big bank in the country! #UnionStrong,” Rep. Melanie Stansbury, a New Mexico Democrat, wrote in a post on the social media plat X, formerly known as Twitter.
The organizing move follows successful negotiations by the United Auto Workers, SAG-AFTRA and the Correspondents Guild of America after weeks of strikes earlier this year.
But workers at an Alaska Wells Fargo subsection last week withdrew a petition to form a union.
Wells Fargo was among the banks eyed in an industry-wide analysis into discriminatory mortgage lending in 2022.
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